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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w21841 |
来源ID | Working Paper 21841 |
Human Capital Investment, Inequality and Economic Growth | |
Kevin M. Murphy; Robert H. Topel | |
发表日期 | 2016-01-11 |
出版年 | 2016 |
语种 | 英语 |
摘要 | We treat rising inequality is an equilibrium outcome in which human capital investment fails to keep pace with rising demand for skills. Investment affects skill supply and prices on three margins: the type of human capital in which to invest; how much to acquire; and the intensity of use. The latter two represent the intensive margins of human capital acquisition and utilization. These choices are substitutes for the creation of new skilled workers, yet they are complementary with each other, magnifying inequality. When skill-biased technical change drives economic growth, greater inequality reduces growth. |
主题 | Microeconomics ; Households and Firms ; Market Structure and Distribution ; Labor Economics ; Labor Supply and Demand ; Labor Compensation |
URL | https://www.nber.org/papers/w21841 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/579515 |
推荐引用方式 GB/T 7714 | Kevin M. Murphy,Robert H. Topel. Human Capital Investment, Inequality and Economic Growth. 2016. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w21841.pdf(351KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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